YMTC Breaks Into NAND’s Top Three With 14% Shipments

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Source: CNBC
YMTC Breaks Into NAND’s Top Three With 14% Shipments
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TL;DR Summary

Yangtze Memory Technologies (YMTC) rose to third in global NAND memory shipments in Q2 with about a 14% share, behind Samsung and SK hynix and ahead of Micron and Kioxia; however, YMTC still lags Micron and Kioxia in NAND revenue and is preparing a mainland China IPO as it expands production. The broader NAND/DRAM market posted record sales, with CXMT holding about 7% of the DRAM market and SK hynix resuming investment in Dalian to boost capacity.

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